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The assessee was a an Individual having tax residency of USA.The assessee had a Permanent Establishment in India (PE) in form of proprietary concern for export of software.He claimed deduction u/s 80HHE in respect of export of softwares. However, both the Assessing Officer as well as the Commissioner (Appeals) were of the opinion that deduction...
In this age of information technology, there are numerous self made entrepreneur who starts a web business himself or self. As the business grow, so is the chance of converting the proprietorship concern into a company so that others-Venture Capital firms or other people can bring in capital . The point every such entrepreneur must...
Deduction u/s 80E of the Income Tax Act is allowed to individuals who takes education loans for … [Read More...]
The tax deduction u/s 80DDB of the Income Tax Act provides relief to tax payers who are individual … [Read More...]
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